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9 07, 2021

Cardinal Health And AppleOne Settle California Harassment and Retaliation Suit for $1.45M

By | July 9th, 2021|Uncategorized|Comments Off on Cardinal Health And AppleOne Settle California Harassment and Retaliation Suit for $1.45M

Global health care services and products company Cardinal Health will pay $1.45 million to resolve a racial harassment and retaliation discrimination lawsuit filed by the U.S. Equal Employ­ment Opportunity Commission. Cardinal Health, along with California-based staffing agency AppleOne, have also …

9 07, 2021

Washington Adding Emergency Heat Exposure Rules for Outdoor Workers

By | July 9th, 2021|Uncategorized|Comments Off on Washington Adding Emergency Heat Exposure Rules for Outdoor Workers

The Washington State Department of Labor & Industries filed an emergency rule to provide increased protection for employees exposed to extreme heat, including those working in agriculture, construction and other outdoor industries. The emergency Outdoor Heat Exposure rule filed on …

2 07, 2021

Indian Fintech Startup Aims to Win Insurance Clients with Latest $200M Funding Round

By | July 2nd, 2021|Uncategorized|Comments Off on Indian Fintech Startup Aims to Win Insurance Clients with Latest $200M Funding Round

Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising $200 million from Sequoia Capital India, existing investor Faering …

2 07, 2021

Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank

By | July 2nd, 2021|Uncategorized|Comments Off on Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank

India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems which could pose a financial stability risk. In its semi-annual financial stability report, the Reserve Bank of India flagged concerns …

2 07, 2021

South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering

By | July 2nd, 2021|Uncategorized|Comments Off on South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering

Carrot General Insurance Corp., South Korea’s first digital-only insurance provider, announced that it has raised 100 billion won (US$88.7 million), which equals its founding capital raised in 2019. The Seoul-based digital non-life insurer was established through a joint partnership of …

2 07, 2021

People Moves: PartnerRe’s Hanhart to AXIS Re; Zurich Names Verkerk to New Role of Chief Platform Officer; PwC’s Maxwell to MS Amlin as CRO

By | July 2nd, 2021|Uncategorized|Comments Off on People Moves: PartnerRe’s Hanhart to AXIS Re; Zurich Names Verkerk to New Role of Chief Platform Officer; PwC’s Maxwell to MS Amlin as CRO

These International People Moves include appointments at AXIS Re, Zurich Insurance Group and MS Amlin. Details of these new hires follows. AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced that Nicole Hanhart has joined AXIS Re …

2 07, 2021

New York Regulator Issues New Guidance on Growing Ransomware Threat

By | July 2nd, 2021|Uncategorized|Comments Off on New York Regulator Issues New Guidance on Growing Ransomware Threat

The New York State Department of Financial Services (DFS) has issued new guidance on preventing ransomware attacks. In the guidance, DFS identifies cybersecurity controls that it says reduce the risk of a ransomware attack and should be implemented by companies …

2 07, 2021

New Hampshire Insurance Department Investigates 18 Insurance Fraud Cases

By | July 2nd, 2021|Uncategorized|Comments Off on New Hampshire Insurance Department Investigates 18 Insurance Fraud Cases

The New Hampshire Insurance Department has announced that it investigated and submitted for criminal prosecution a total of 18 insurance fraud cases over the past twelve months. The cases varied in nature, but included false claims related to food poisoning, …

2 07, 2021

Pennsylvania Governor Wolf Signs Off on Revisions to State’s Medical Pot Law

By | July 2nd, 2021|Uncategorized|Comments Off on Pennsylvania Governor Wolf Signs Off on Revisions to State’s Medical Pot Law

Medical marijuana patients can continue to get a three month’s supply at a time, rather than one month’s, under revisions to the Pennsylvania program signed into law Wednesday by Governor Tom Wolf. The bill makes it easier for producers to …

2 07, 2021

The Regulatory and Legal Risks Facing Online Broker Robinhood

By | July 2nd, 2021|Uncategorized|Comments Off on The Regulatory and Legal Risks Facing Online Broker Robinhood

Robinhood Markets Inc, the online brokerage at the center of this year’s retail trading frenzy, disclosed on Thursday previously unreported regulatory risks in its long-awaited initial public offering filing. Amid an increasingly hostile climate in Democrat-led Washington, Robinhood’s growing regulatory …